News
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US Dollar Index Price Forecast: Tests 98.00 support after breaking below nine-day EMA
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is extending its losses for the third successive session and trading around 98.10 during the European hours on Thursday.Fxstreet
Thu, Aug 28
AUD/USD: Likely to trade in a higher range of 0.6440/0.6540 – UOB Group
Australian Dollar (AUD) is likely to trade in a range of 0.6480/0.6510. In the longer run, slight increase in upward momentum is likely to lead to a higher range of 0.6440/0.6540 rather than a sustained advance, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Wed, Aug 27
EUR/USD expected to trade in a range between 1.1580 and 1.1745 – UOB Group
There has been no increase in either downward or upward momentum; Euro (EUR) is likely to trade in a range of 1.1610/1.1675. In the longer run, EUR is expected to trade in a range between 1.1580 and 1.1745, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Wed, Aug 27
EUR/USD: Likely to consolidate between 1.1665 and 1.1745 – UOB Group
Euro (EUR) is likely to consolidate between 1.1665 and 1.1745. In the longer run, increase in upward momentum is not enough to indicate a sustained rise; EUR must first close above 1.1745, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Mon, Aug 25
EUR/USD might potentially test 1.1575 – UOB Group
Euro (EUR) could drop below the 1.1595 support level, potentially testing 1.1575. In the longer run, downward momentum has increased further, but not significantly; for a continued decline, EUR must first close below 1.1595, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Fri, Aug 22
Bitcoin Weekly Forecast: BTC correction amid over $1 billion ETF outflows
Bitcoin (BTC) price remains under pressure this week, consolidating above $111,980 support after dropping more than 3%. BTC pullback continued as weakening demand and profit-taking keep weighing in, as spot Exchange Traded Funds (ETFs) saw over $1.15 billion in outflows.Fxstreet
Fri, Aug 22
USD/CHF Price Forecast: Climbs above 20-day SMA, eyes on 0.81
USD/CHF clears the 20-day SMA of 0.8076, rises over 0.56% sponsored by mixed economic data in the US that triggered a reaction by investors, who trimmed dovish Fed bets for the upcoming September meeting. The pair trades at 0.8087, about to crack the 0.81 handle.
Fxstreet
Thu, Aug 21
Bitcoin Price Forecast: BTC steadies at $113,500 as traders await Powell’s Jackson Hole speech
Bitcoin (BTC) steadies around $113,500 at the time of writing on Thursday after falling 3% so far this week. On-chain data shows that weakening demand and profit-taking continue to weigh on BTC.Fxstreet
Thu, Aug 21
EUR/USD: Likely to trade in a range between 1.1630 and 1.1680 – UOB Group
Momentum indicators are turning flat; Euro (EUR) is likely to trade in a range between 1.1630 and 1.1680. In the longer run, tentative increase in downward momentum could lead to EUR edging lower and testing 1.1595, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Thu, Aug 21
